Australian news, and some related international items

Tony Abbott calls for ditching Renewable Energy Target: PM Turnbull disagrees

text-relevantTony Abbott slapped down as Malcolm Turnbull opts for ‘minimalist’ Abbott-destroys-renewablesreshuffle, The Age Michael Gordon, 16 Jan 17  The Turnbull government has slapped down Tony Abbott’s call for it to ditch its renewable energy target for 2020, declaring there are “no plans” to change the policy that was settled when Mr Abbott was prime minister.

Environment and Energy Minister, Josh Frydenberg, told Fairfax Media the government’s intention was to stick with its policy and contrast it with Labor’s commitment to a more ambitious target.

In a direct repudiation of Mr Abbott’s assertion that the existing policy would increase prices, reduce reliability and threaten heavy industries, Mr Frydenberg said: “The government has no plans to change the 2020 RET which was settled just 18 months ago providing investor certainty.”

Mr Abbott delivered a scathing critique of the government on Saturday,……… He said the government’s first move this year should be to introduce legislation to protect existing renewable generation “but to remove all further mandatory use requirements”.

Mr Abbott said the existing policy would almost double renewable energy supplies in the next four years, increasing power costs and reducing reliability…….

January 16, 2017 - Posted by | AUSTRALIA - NATIONAL, politics

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